86
86
Dec 11, 2012
12/12
by
CURRENT
tv
eye 86
favorite 0
quote 0
let's take a look at google. now this is fascinating tax avoidance. you can name so many companies that do this. bloomberg wrote this story about google as an example of how they do this. google avoided $2 billion in worldwide income taxes by 2011 by shifting $9.8 billion in revenues to a bermuda shell company. they do things like the double irish and the dutch sandwich, which sounds like a different kind of sandwich to me because we're going to have to eat those taxes. if we lived in a real democracy do you think people would let corporations like google shift $9.8 million in taxes away from us or $2 billion in taxes all over the world away from themselves an on to us? that wouldn't happen in a democracy. but in our form of government the people who are served, the people who are represented are the one who is are the largest donors. if you look at how much google gave president obama as an example they gave $737,055. they were his third largest donor. weird how they get to get away with all those tax avoidance schemes. of course, they're not the onl
let's take a look at google. now this is fascinating tax avoidance. you can name so many companies that do this. bloomberg wrote this story about google as an example of how they do this. google avoided $2 billion in worldwide income taxes by 2011 by shifting $9.8 billion in revenues to a bermuda shell company. they do things like the double irish and the dutch sandwich, which sounds like a different kind of sandwich to me because we're going to have to eat those taxes. if we lived in a real...
218
218
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 218
favorite 0
quote 0
i just record man, 40-year-old, brown hair, short. >> bob: what scares me is google and amazon.com. they are tailor the individual ads. for example, in both kimberly and andrea's position they have shoe ads the experience on amazon and google. >> dana: yeah. >> andrea: yeah. >> dana: also, there is a website i visit a lot and they do that. i visited one -- a website -- visited the company of a website. whatever. website company to get customize jeans and they would make them for you. but i'm really short. i get the custom fit jeans. i went on the website and i got jeans from them. it didn't like them. it sent them back. every time i went on the website to get my news this company would pop up. >> andrea: don't you think that is scary they read the e-mails. so the minute they find out you are single you get match.com. you had viagra ads or something? >> bob: i get them all the time. do you know that eric has a pair -- folks out there, watching. >> eric: this is b.s. >> bob: he bought a pair of jeans for $420 that are rippe ripped. >> eric: diesel jeans. they're not -- they're like $8
i just record man, 40-year-old, brown hair, short. >> bob: what scares me is google and amazon.com. they are tailor the individual ads. for example, in both kimberly and andrea's position they have shoe ads the experience on amazon and google. >> dana: yeah. >> andrea: yeah. >> dana: also, there is a website i visit a lot and they do that. i visited one -- a website -- visited the company of a website. whatever. website company to get customize jeans and they would make...
71
71
Dec 11, 2012
12/12
by
FBC
tv
eye 71
favorite 0
quote 0
if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if not lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown lobbyists and k street, a lot of interest in the business community for that reform. it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frustrates me, sir, thanks for being here. >> all right, thanks fo
if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if not lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown...
444
444
Dec 11, 2012
12/12
by
CNNW
tv
eye 444
favorite 0
quote 1
and as for google, we reached out to them, no comment. but ted, google did tell bloomberg it complies with all tax rules. ted? >> we hear this and we hear it every year. ge was in the news last year and it's astounding to people that they're not paying taxes. are regulators in any country doing anything about this? >> well, see, here's the thing. since it's legal, what it boils down to is really this. it's up to governments around the world to change their tax codes. i mean, last week the european commission recommended that countries create pa blacklist of common tax havens and also encourage them to change laws to curb tax abuses. the uk has held hearings and issued reports on this. and it's spending millions to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an upd
and as for google, we reached out to them, no comment. but ted, google did tell bloomberg it complies with all tax rules. ted? >> we hear this and we hear it every year. ge was in the news last year and it's astounding to people that they're not paying taxes. are regulators in any country doing anything about this? >> well, see, here's the thing. since it's legal, what it boils down to is really this. it's up to governments around the world to change their tax codes. i mean, last...
127
127
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 127
favorite 0
quote 0
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for mo
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with...
125
125
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 125
favorite 0
quote 0
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >> bill: back in the book segment. reality check where we bring you items you may have missed. check one. our pal farrakhan, not a big fan of christmas. >> a lie has the negative effect on anyone that is made to believe what is false. there's no such thing as santa claus. why don't you tell your children, daddy and mom bought these because what you are doing, you are literally educating your children to look to white people for what mommy couldn't give them, so they end up loving santa more than they love you. now you've got a big tree. how does the tree figure in the life of jesus? well, i don't know, but i'm going to buy a tree. go look and see how the scripture says that the -- the wicked cuts a tree down out of the forest and deck it with silver
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >> bill: back in the book segment. reality check where we bring you items you may have missed. check one. our pal farrakhan, not a big fan of christmas. >> a lie has...
451
451
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 451
favorite 0
quote 0
google dodging two billion in taxings. bloomburg news reports that the company funneled nearly 10 billion in ref new in a bermuda shell company last year cutting its tax rate in half. bermuda has no corporate income tax. google. eric back to you. >> eric: thank you, steve . open the pages of the washington post you will see america rich want to pay more taxings. of course you are one of the wealthy people who own the post. they are being spared. they will pay 2012 and 13 dividends early just in case taxes go up. fox news contractor is the founder of the -- it is not just the post but companies are pushing dividends forward saying let's get in front of the fiscal cliff thing it is interesting that the post is one of them. >> they spent the year agitating for barack obama and arguing that the rest of the us ought to pay taxs and spending money trying to avoid doing that. it is not just the post but also individuals. we sent a camera with the patriotic millionaires. rich people who are up there lobbying for higher taxes on th
google dodging two billion in taxings. bloomburg news reports that the company funneled nearly 10 billion in ref new in a bermuda shell company last year cutting its tax rate in half. bermuda has no corporate income tax. google. eric back to you. >> eric: thank you, steve . open the pages of the washington post you will see america rich want to pay more taxings. of course you are one of the wealthy people who own the post. they are being spared. they will pay 2012 and 13 dividends early...
223
223
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 223
favorite 0
quote 1
>> well, so many of these', there are 700,000 apps in the app store and an equal number in the google app store, and a good number of them collect date a. this is how they work. and when you hand your child a mobile device, a phone or ipad or something like that and they open and app the majority of them are collecting data and serving ads without your permission. and when they collect data they are looking at things like location, they could be collecting an email address. it depends on your settings within the phone and your setting for the child. as soon as you hand that device to the kid you kind of walk away, right and they are going wherever they are going. most people i talk tor no to are not setting up the privacy controls on these devices. jenna: let's talk about how to do that. what is the number one thing a parent can do, joe? >> the number one thing a parent can do is pay attention to what is going on with the apps. reading the privacy poll seif the apps, only 20% of them have any sort of privacy policy for parents. they need to review it and ed indicate the children. jenn
>> well, so many of these', there are 700,000 apps in the app store and an equal number in the google app store, and a good number of them collect date a. this is how they work. and when you hand your child a mobile device, a phone or ipad or something like that and they open and app the majority of them are collecting data and serving ads without your permission. and when they collect data they are looking at things like location, they could be collecting an email address. it depends on...